Form 4: Calamos Dynamic Convertible & Income Fund: Director John P. Calamos Sr. Reports Transaction

Director and President John P. Calamos Sr. reports the disposition of common stock in Calamos Dynamic Convertible & Income Fund.

Summary

• On April 3, 2025, John P. Calamos Sr., Director and President of Calamos Dynamic Convertible & Income Fund, reported a transaction involving the company's common stock.
• Calamos disposed of 0.974 shares of common stock at a price of $20.845 per share.
• Following the transaction, Calamos directly owns no shares and indirectly owns 1,450,158 shares through Calamos Family Partners, Inc.

Sentiment

Score: 5

Explanation: This is a neutral report of a transaction. The sentiment is neither positive nor negative as it simply reflects the sale of shares by an insider.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a sale of shares by a director, which could be for various reasons, including portfolio diversification or personal financial planning.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as insider transactions are often scrutinized for insights into company performance and management's confidence.

Key Dates

Keywords

Form 4, Beneficial Ownership, Calamos Dynamic Convertible & Income Fund, CCD, John P. Calamos Sr., Common Stock, Transaction, Disposition, Director, President, Calamos Family Partners, Inc.